NMDC Limited announces Updated Iron Ore Prices Effective May 2026

NMDC Limited, a leading public sector mining enterprise, has officially notified the stock exchanges of a revision in its iron ore pricing. The company has set new rates for its primary iron ore products effective from May 6, 2026.

Revised Pricing Structure

The price adjustment applies to the following categories of iron ore:

Baila Lump (65.5%, 10-40 mm): Fixed at ₹ 5,500/- per ton.

Baila Fines (64%, -10 mm): Fixed at ₹ 4,700/- per ton.

Terms and Conditions

The company clarified that these figures represent FOR (Free on Rail) prices. It is important to note that the stated rates are exclusive of several statutory levies and charges, including:

- Royalty and GST
- District Mineral Foundation (DMF) and National Mineral Exploration Trust (NMET)
- Forest Permit Fee and Transit Fee
- Cess (including Environmental Cess) and other applicable taxes.

Shares of NMDC Limited was last trading in BSE at Rs. 89.20 as compared to the previous close of Rs. 88.82. The total number of shares traded during the day was 430402 in over 3703 trades.

The stock hit an intraday high of Rs. 90.84 and intraday low of 88.55. The net turnover during the day was Rs. 38646155.00.

Source : Equity Bulls

Keywords

NMDC INE584A01023 Mining IronOre PriceRevision